About your Search

20121006
20121014
STATION
CSPAN 39
FOXNEWS 24
MSNBC 24
MSNBCW 24
CNN 19
CNNW 18
CSPAN2 15
FBC 4
CNBC 3
WETA 3
WMAR (ABC) 3
KGO (ABC) 2
KNTV (NBC) 2
KPIX (CBS) 2
( more )
LANGUAGE
English 230
Search Results 0 to 49 of about 230 (some duplicates have been removed)
in 1986 but are staring us in the face today. first, a much larger and much more dangerous deficit and second, a dramatic increase been income and inequality. old-style tax reform could make both conditions worse. but don't dismiss the old framework lightly. credit for the 1986 reform law belongs to democrats like bill bradley in the senate. just as much as to president reagan. as a member of the house back then, i not only voted for it, but i whipped the votes to make sure it passed. i was on the committee set up by dan rostenkowski to get it done. the approach made a good deal of sense at the time. then, as now, the code was littered with egregious loopholes that needed to be reformed. recall the so-called passive law schools that were in place back then. they allowed wealthy taxpayers to gain the system. someone could invest in a bowling alley and then, if the bowling alley lost money, they could take a write off many times larger than their initial money incestment of their entire income tax liability. we need to get rid of such a gimmicky tax shelter. paring these loopholes al
clinton were turned into record deficits under george bush is because we put two wars and two tax cuts on a credit card. and now governor romney wants another $5 trillion in tax cuts that he can't pay for? not if i have anything to say about it. that's not going to happen. [applause] we are not going to let this country fall backward. not now. not with so much at stake. we've got to move forward. we need to invest in small business and manufacturers who create jobs here in the united states. we need to recruit 100,000 math and science teachers, train two million workers at community college, bring down the cost of college tuition. we need to -- [cheers and applause] we need to cut our oil imports in half. create thousands more jobs in clean energy. we need to use the savings from ending the wars in iraq and afghanistan to help pay down our deficit and put people back to work doing some nation building right here at home. that's the agenda we need. that's how you strengthen the middle class. that's how you keep moving forward. that's the choice in this election. and that's why i'm runni
on deficit reduction requiring the wealthy to pay more and more cutting in the federal government. >> you have 90 seconds. >> again, shame on you. you thought this campaign is going to be a coronation because you're a democrat and now you are in a serious race with a serious woman and you are desperate. therefore you raise these issues. my plan sites every word that i used from the brightest in the best to but my plan together. you would be better served to be putting a plan together. you need to be honest with the people of connecticut. you need to be honest about your special interest loans. to be honest about your attendance in washington. shame on you for taking this direction with this campaign. it is beneath you. and the people of connecticut deserve better. in my plan, i have referenced a tax cut for the middle class. my plan, if you take a look at it, absolutely keeps taxes the same across the board accept we're going to cut taxes for the middle class. my plan is the only one that has an actual middle-class tax cut. congressman murphy has voted to raise taxes on the middle class o
toomey how the deficit is going to play a role in the depate. he was a member of the super committee. plus memorable moments from past vice presidential debates like this one from 1988. >> senator, i served with jack kennedy, i knew jack kennedy. jack kennedy was a friend of mine. senator, you're no jack kennedy. hey. hey eddie. i brought your stuff. you don't have to do this. yes i do. i want you to keep this. it'd be weird. take care. you too. [ sighs ] so how did it go? he's upset. [ male announcer ] spend less time at gas stations with best in class fuel economy. it's our most innovative altima ever. ♪ try this... bayer? this isn't just a headache. trust me, this is new bayer migraine. [ male announcer ] it's the power of aspirin plus more in a triple action formula to relieve your tough migraines. new bayer migraine formula. [ male announcer ] why do more emergency workers everywhere trust duracell...?? duralock power preserve. locks in power for up to 10 years in storage. now...guaranteed. duracell with duralock. trusted everywhere. extra curricular activities help provide a
, the problem of running deficits and accumulating greater debt, that the country had a budget deficit, a trade deficit, a balance of payments deficit, and the fourth one you brought up was a leadership deficit. >> leadership is the greatest. >> can i ask you both, describe what is the problem with what appears to be in your mind a leadership deficit, that we're not getting the leadership on this key issue either from this president or past presidents, this congress or pass congresses/ what does it take to get elected officials to tackle at an issue, increasing their taxes? >> let's start with the families. they will get their attention. the voters have to understand all this, which they did not, and voters need to understand what we have to do to get all this corrected, and they do not. if we ever get that over to the voters, they will vote for the people who are geared up, ready, and know how to do it and are running on that basis, and then we can change this country forever and get us back to where we used to be when i was a boy in the depression. why schoolteachers and would have been docto
this is an integral part of your jobs plan. our deficit has increased. unemployment is on the rise. this is not part of an active jobs plan. and next topic bills was something we all worry about, it taxes. chris keating will ask that question first. >> there is consensus that extending the bush tax cut is a good idea. there is sharp disagreement about whether the what they should benefit as well. how will you keep taxes lower on the wealthiest americans and keep the jobs as a whole? >> i do call for tax cuts for the middle class. i would keep all of the other tax brackets in place. there would be no gain or loss for others. even president obama in 2010 said we should not increase taxes will we are in a recession. we are barely out of a recession. i do not think now is the time to raise taxes. my plan does call for a tax cut for the middle class. the only one on the stage as called for a tax cut from the middle class. we need to make sure that if our economy starts to turn around and we are improving, i would recommend that we pay more taxes. i would be willing to pay more taxes as long as there's we
paying for governor romney opposed tax plan either means going up the deficit or raising taxes on middle-class family. one or the other. then last week mitt romney actually said there's no economist who can say mitt romney's tax plan is $5 trillion. he says that if he says it's not true then it's not true. ok. [applause] it's true then it will not add to the deficit, that leaves one option, asking middle-class families to get rid of the deduction they get for having a home or raising their kids or sending them to college. most folks don't like that idea either. just last week when we were on stage together governor romney decided that instead of changing his plan he would just pretended did not exist. what $5 trillion tax cut? i don't know anything about a $5 trillion tax cut? when he is asked how he will cut the deficit, he says economic the mathematics work by eliminating public funding for pbs. this is not new. this is what he has been saying every time he is asked a question. he says we can cut out pbs. for all you moms and kids, don't worry, somebody finally has found out the big bi
for 10% of the deficit spending increases. lower tax rates across the board and close loopholes. we have three bottom lines. do not raise the deficit, do not raise taxes on the middle class, do not lower the share that is borne by the high income earners. it has been discredited by six other studies and even their own deputy campaign manager acknowledged that it was not correct. >> let's talk about this. you have refused to offer specifics on how you would pay for that 20% across the board. do you actually have the specifics or are you still working on it? >> different than this administration, we want to have a big bipartisan agreement. >> do you have the specifics? >> look at what ronald reagan and tip o'neill did. we raise about $1.20 trillion through income taxes. we forgo about $1.10 trillion in loopholes and deductions. deny those loopholes and deductions to higher income tax payers. so we can lower tax rates across the board. >> i hope i am going to get time to respond. >> we want to work with congress on how best to achieve this. >> no specifics. >> lower tax rate 20%. start with
? unfortunately for the fiscal year, the u.s. deficit totals 1$1.4 trillion. it exceeded the $4 trillion mark. >>> jack kennedy and paul ryan, perfect together? some things about them that are similar. both young, energetic, viant. paul ryan things they have something in common, joe biden not so sure. the republican candidate invoked a camelot era comparison. this time, the issue taxes. >> you can cut tax rates by 20% and preserve important preferences for middle class taxpayers. >> not mathematically possible. >> it's been done before. >> it's never been done before. >> a couple of times. >> nevereen done before. >> ronald reagan. >> now you're jack kennedy. >> ronald reagan. >> twitter was atwitter about that. that comment got a noticeable reaction from the group of undecided voters i watched during the debate last night. see it blown up there in the bottom of the screen. here is the problem, both kennedy and reagan working in a different time and place. to start, when both kennedy and reagan took office, individual tax rates not even in the ballpark of what we have now. kennedy's plan, ena
that substantial deficit reduction would be associated with a substantial reduction in interest rates that would push the economy forward at the more rapid pace. indeed, in an important part of the economic growth of the 1990's can properly be attributed to the unlocking of economic energy that was achieved by the 1993 budget measures, that led to a reduction in interest rate, increase in investment, accelerating growth, lower capital clause, further improvement in the deficit and so forth. that approach, a fiscal consolidationization that lead to substantial growth was a plausible and compelling vision for the country in 1993 1993, it has been a plausible and come compelling vision for other countries and times in places. you cannot fall very far out of the basic. with interest rates at 1.7% for ten years. with a real interest at the level where if you want to put your money or store your money with the government for as much as twentd years, you have to pay them for the privilege of having them hold your money. if they are going give you back inflation. in such an environment, the reduction in
promise to get our spending under control by cutting the deficit in half. he was so confident that shortly after taking office president obama said he would fix the economy in three years or face a one-term proposition. today he has broken the promises. his words have no credibility. host: that was the republican weekly address. ralph from the main joins us on the independent line. caller: i was born in 1950, 61 years old. i have gone through all kinds of things. my dad was in the service -- i have had two fathers. i am taking care of my mother now who is just getting one cut back after another through social security. medical benefits. i am not happy. i know what is going on. in the last five years i have taking care of her 24-7. i have had time to educate myself on what it is. until we understand who the enemy is, nothing will change and their plans will continue. there are manufacturing a war because global international banks and their lackeys have bankrupted the world. derivatives are nothing more than leverage. you have a situation where if you look and research it, the city of londo
eisenhower's progressive conservative. he believed largely in a balanced budget and he was against deficit spending but he also believed the government had a positive role to play. the interstate highway system, which eisenhower -- which was eisenhower's brainchild. [applause] more money was spent on the intraday -- interstate highway system than the new deal from 1839 to 18 to 41 with zero impact on the budget because it was paid for through gasoline taxes. [applause] thethe st. lawrence seaway connecting the great lakes, opening the great lakes to traffic again had been on the drawing board since the administration of theodore roosevelt and eisenhower -- eisenhower took, assumed the presidency in a time of mccarthyism and incredible communist witchhunt. he did it as he did so many things in the background. it was eisenhower orchestrated the army's response in the army mccarthy hearings. i'm not going to get into a contest but that stunk. and when it was over mccarthy had him vanquished but i think it was the desegregation issue perhaps in which eisenhower most often underestimated. presi
by the end of the decade. get this deficit and debt under control. make trade work for america. champion small businesses, do not raise taxes on small businesses. they are our job creators. he talks about detroit. mitt romney is a car guy. this is a guide who i was talking to a family in massachusetts the other day. their kids of work hid in a car crash. two of them were paralyzed. they went to the same church. mitt asked if he could come over on christmas. he brought his boys and his wife and deaths. i know you are struggling, do not worry about college, i will pay for it. mitt romney does not tell these stories. it was not the cash, he gave his time and he has consistently. this is a man who gave 30% of its income to charity, more of the two of us combined. he is a good man. he cares about 100% of americans in the country. the vice president knows that sometimes the words did not come out of your mouth the right way. [laughter] >> i always say what i mean. >> we want everybody to succeed. we want to get everybody out of poverty. we believe an opportunity. that is what we're going to pu
means blowing up the deficit or raising taxes on middle-class families. one or the other. pick your poison. last week, mitt romney said, there is no addition to the deficit with my tax plan. if he says it is not true, then it is not true. ok. it is true that it is not going to add to the deficit, that leaves only one option. that is asking middle-class families to foot the bill by getting rid of the deductions for owning a home, raising kids, or sending them to college. as it turned out, most folks do not like that idea either. just last week, on stage, governor romney decided that instead of changing his plan, he would pretended did not exist. what $5 trillion tax cut? i do not know anything about that tax cut. pay no attention to the tax cut under the carpet, behind the curtain. when he was asked how he would cut the deficit, he said he could make the math work by eliminating local public funding for pbs. by the way, this is not new. this is what he has been saying every time he is asked a question. we can cut out pbs. for all you moms and kids out there, do not worry. somebody is
or four point deficit. they need him to step up and do something. >> andrea: they also -- >> eric: stop the slide. >> andrea: they might rely on immediate you to do the dirty work. hostile in an interview that paul ryan had with a reporter. shows the media fury. >> this country has a crime problem. not a gun problem. >> no, if you look at the gun laws we have. i don't think president obama proposed gun laws. we have good strong gun laws. two have to enforce the laws. we have a lot of laws that aren't properly enforced. we need to enforce the law. best thing to prevent the violent crime in inner cities is bring opportunity in the inner city. >> andrea: we cut that. but it goes on where the reporter gets more and more hostile. eventually the press secretary pulls it. are we going to see the media step few the obama campaign is flailing more? >> dana: often the initials you get good interview from local media. if they think they will win a pulitzer prize from that, they're in trouble. paul ryan is smarter than everybody nellis the room. if it comes across that he knows he's smarter than ev
and managing deficits and on unleashing the forces of innovation. from everything i've seen the u.k.'s first coalition government since churchill is meeting these challenges head-on. in the face of the most challenging economic times we have experienced in decades this is a government that is clearly not afraid to leave. and in 2010 when david cameron went down the british economy and the entire european union was in dire straits. since then as we keep reading most national governments have tried to ride out the storm buy simply putting down the hatches and hoping that the sky is will return quickly. the governments have charted a new courses that will lead them to clear skies and i think the united kingdom has been an exception and the conservative party has been the reason. [applause] prime minister kim and together with his chancellor of george osborn are creating a new course for britain. it's not easy work, and i can appreciate how hard it is to step into a crisis and make the tough decisions to overcome. i first took office in the three months after the attack of my 11 -- 9/11. we lost
of a target, talking about the deficit and spending. you see the slogan we can't afford four more years like the last four years. governor romney has been ham thaerg home in recent days. we expect him to do the same again tonight. >> how is the prep going for the next debate? any ideas as to a change in strategy there? >> well, milissa, i can tell you they've been essentially prepping for this second debate, which is a town hall format for more than a year. governor romney did dos of town halls, particularly in the early primary states like new hampshire where you have rambunctious comments from a variety of folks. that is something he was very comfortable with. in the last few days they've been doing telephone town halls with voters in places like ohio and iowa. this morning they started a more formal prep. rob portman of ohio who has run high marks for his portrayal of governor obama in governor romney's first prep debate sessions arrived late last night. this morning they did a full debate session prep session. we expect to see a lot more of that in the weeks leading up to the debate. thi
they need for the jobs they want. get the deficit and debt under control to prevent a debt crisis. make trade in america and sell things overseas and champion small businesses. don't raise taxes on small businesses because they are our job creators. he talks about detroit. mitt romney's a car guy. they keep misquoting hip. let me tell but the mitt romney i know. this is a guy who i was talking to a family in north borough, massachusetts, sherylin mark-nixon. their kids were hit in a car crash, four of them. two of them were paralyzed. the romneys didn't know them. they never met. mitt asked to come over for christmas. he brought his boys, his wife and gifts. later on, he said, i know you are struggling, mark, don't worry about their college, i will pay for it. when mark told me this story -- mitt romney doesn't tell these stories. the nixons told me this story. when he told me the story, it wasn't the cash help, it's that he gave his time and he has consistently. this is a man who gave 30% of his income to charity, more than the two of us combined. mitt romney's good man. he cares about
independent. help people who are hurting get the skills they need to get the jobs they want. get the deficit under control. make trade work for america, and champion small businesses. don't raise taxes on small businesses because they are our job creators. he talks about detroit. mitt romney is a car guy. let me tell you about the mitt romney i know. this is a guy who i was talking to a family in massachusetts the other day, cheryl and mark nixon. their kids were hit in a car crash, four of them two of them rob and reid were paralyzed them. the romneys didn't know them. he asked if he could come over at christmas. he brought his boys and gifts. he said i know you are struggling don't worry about their college, i'll pay for it. mitt romney doesn't tell these stories. when the nixons told this story it was that he gave his time. mitt romney is a good man. he cares about 100% of americans in this country. and with respect to the quote, i think the vice president very well knows that sometimes the words don't come out of your mouth the right way. [ laughter ] >> biden: but i alwa
national deficit has grown through $16 trillion. the president said he was gone to cut that in half, but it doubled under his watch. very disturbing is that when the president came into office there were 32 million americans on food stamps. today its 47 million. there is still an incredible number of ohioans and americans out there struggling. the choice is clear. we can have four more years like the last of zero four. what america needs is a real recovery. only romney and ryan can provide that. host: when the president took office we were losing 800,000 jobs a month. since the president took office, we have 5.5 million additional jobs. truck about the automobile recovering, he saved the automobile industry and 1/88 jobs in the state are reflective of the auto industry. i worked the railroad 41 years. the guys and women working there, they're happy, jumping up and down because they have employment. one out of eight jobs are connected to the auto industry. not only that, the government at the time, strickland, and the president came to and youngstown, my area, and it one of the last
money, at some point something bad happens. >> 180% of gdp, their deficit. we're 9%. so always a good idea to spend more money than you're take manage to try to get out of a recession. that's where you're at right now. so what you're doing is a government telling you that there will be inflation, we're going to keep interest rates very low. what that does, it encourages corporations to invest. the corporation sitting there with $2 trillion on their balance sheets and what they have to do, they have to invest to create jobs. the government is saying you can leave it there and wait for a disaster, but if you do, it will go down in value 4% every year and, therefore, encourage people to lower the dollar. that makes products worth more. so we're trying to encourage people to build products and plants. >> we had lloyd blankfein and simpson and bowles talking about the fiscal cliff. this is what lloyd blankfein had to say. >> i'd be a buyer of the market. goldman sachs would -- we not only value company, we're a company ourselves. we would be assuming that our business would grow, that comp
last year doubled their taxes this year, we would still have a $300 billion deficit. you see, there aren't enough rich people and small businesses to tax to pay for all their spending. and so the next time you hear them say, don't worry about it, we'll get a few wealthy people to pay their fair share, watch out, middle class, the tax bill is coming to you. that's why we're saying we need punishment tax reform. let's look at it this way. 8 out of 10 businesses, they file their taxes as individuals, not corporations. where i come from overseas, which is lake superior, the canadians, they drop their tax rates to 15%. the average tax rate on businesses in the industrialized world is 25% and the president wants the effective top tax rate to go above 40%. 2/3 of our jobs come from small businesses. this one tax would actually fax about 53% of small business income. it's expected to cost us 710,000 jobs. and it doesn't even pay for 10% of the proposed deficit spending increases. we're saying close loopholes primarily to the higher income people. we have three bottom lines. don't rai
. if five. plan. get the energy in ag -- get american energy independent. get this deficit and debt under control to prevent a debt pricecrisis. make things in america and sell them overseas. do not raise taxes on small businesses because they are our job creators. he talks about detroit. mitt romney is a car guy. they keep misquoting him but let me tell you about the mitt romney i know. this is a guy who was talking to a family in massachusetts the other day, sheryl and mark nixon. their kids were hit in a car crash, two of them were paralyzed. romney's did not know them. it went to the same church, they did not know them before. he brought his boys and wife and gifts. he said i know you are struggling. i will pay for college. the nixons told me the story. when he told me the story, he said he gave time. he gave 30% to charity. mitt romney is a good man. he cares about 100% of americans in this country. with respect to that quote, the vice-president knows that sometimes you're words do not come out of your mouth the right way. [laughter] >> but i always say what i mean. >> i want to get
, that was dishonest. >> when senator obama said in 2008, i'm going to cut the deficit in half, close gitmo, people said that was unrealistic, but didn't say he wasn't telling the truth. there's a difference, isn't there? >> no. closing gitmo involved an act of congress, and he wasn't able to get congress to agree with him on that question. this is basic math. >> greta: joining us our political panel, abc news senior washington editor rick klein, casey huntington, and byron york. rick, first you. i thought it was executive order to close gitmo, just needed congress to place the people. am i right? >> they realized it was going to be harder than they wanted. the distinction he's making is in terms of campaign pledges versus actions that you can possibly have congress do later. it's a stretch obviously. one man's lie and dishonesty. >> greta: it's name-calling. >> you've seen a shift from the obama campaign in terms of how they're trying to discuss and describe mitt romney. for a long time they were more interested in trying to describe him as a conservative extremist. they didn't want to go after hi
would call these gimmicks, the full ten year cost of this bill has of $460 billion deficit. the second has a one half trillion dollar deficit. probably the most cynical gimmick in this bill is something that we all probably agree on. we don't think we should cut doctors' 21% next year. we stop those cuts from occurring every year for the last seven years. we all call this the toxics. well, according to your numbers it cost her her $71 billion. it was in the first iteration of all these bills. because it was a big price tag and made the score look bad, may look like a deficit, that provision was taken out and has been going on in stand-alone legislation. ignoring these costs does not remove them from the backs of taxpayers. hiding spending does not reduce spending. and so when you take a look of this is just as not add up. let's finish with the cost curve. we bending the cost curve down or up? well, if you look at your own chief actuary of medicare revenue up. he is time we are going up $222 billion, adding more to the unsustainable fiscal situation we have. and so when you take a look
'60s, we were running budget surpluses. even in the early '80s, the budget deficit was a lot smaller. that's the key reason i'd be concerned. i think tax reform is a good idea. doug is right. we need to have tax reform, but we need tax reform that raises enough revenue to lower tax rates and also goes to reducing future budget deficit because if we don't get the deficits down, lower tax rates aren't going help us. >> and doug, do you think it's fair to say, romney ryan have been saying they think a 3% growth is reasonable. do you think it is? because for in of this math to work out and this whole argument everybody's having about whether they can cut taxes and close enough loopholes, they are counting on economic growth on being part of making up that difference. will it? >> you can't say for sure because good tax policy does t matter. t not the only thing going on out there and you would have to have a displn palestinianed, economic policy. we have a serious threat to the economy from existed and projected debt. it is different from the era of reagan in that debt is not being driv
, in 2010 a bipartisan federal commission unveiled the plan to cut the nation's deficit by $4 trillion through a mix of tax increases and spending cuts. the plan was never voted on in congress. do you agree with any or all with what the commission came up with? what other efforts do you think the country needs to take on to cut the country's debt, which now exceeds $16 trillion? >> debt and our deficit are very important issues that we need to tackle and they're a matter of national security. and this is one of the starkest contrasts between congresswoman bono mack and myself. you see, congresswoman bono mack wants to put the deficit and the burden of our debt on the shoulders of our seniors, our middle class and our students. by turning medicare into a private voucher system and charging our seniors $6,000 a year for their health care costs on average, by cutting pell grants and stafford loans who rely on those for their college education and she's voted to increase taxes on the middle class through the ryan plan. all of this in order to keep tax breaks for multi-millionaires and tax
years later left with massive deficits. during his time in the senate, the national debt went up by $16,000. he conceded that spending was a problem in the senate. we also have people who need to know how to work together. i learned to cut crime bills and the economy. my opponent said his job was to not democrats softly. he took this similar position in the senate, fighting efforts led by the then-senior virginia senator. when someone who will fight and that is what i will do is your next to none state senator. >> if mr. allen, your opening statement. >> thank you. it's much better future than what we are having to endure these days. that is why i put forward a detailed plan. my blueprint for america to get an economy and stronger jobs. the question is which one of us can be accounted upon. you may have read an article that was comparing our two governorships. the call me when the most accomplished modern governors with major improvements in public education, safety, welfare reform, and i described how worked with leaders in the other party to get results for the people. the bad economy
Search Results 0 to 49 of about 230 (some duplicates have been removed)